DEVTOME.COM HOSTING COSTS HAVE BEGUN TO EXCEED 115$ MONTHLY. THE ADMINISTRATION IS NO LONGER ABLE TO HANDLE THE COST WITHOUT ASSISTANCE DUE TO THE RISING COST. THIS HAS BEEN OCCURRING FOR ALMOST A YEAR, BUT WE HAVE BEEN HANDLING IT FROM OUR OWN POCKETS. HOWEVER, WITH LITERALLY NO DONATIONS FOR THE PAST 2+ YEARS IT HAS DEPLETED THE BUDGET IN SHORT ORDER WITH THE INCREASE IN ACTIVITY ON THE SITE IN THE PAST 6 MONTHS. OUR CPU USAGE HAS BECOME TOO HIGH TO REMAIN ON A REASONABLE COSTING PLAN THAT WE COULD MAINTAIN. IF YOU WOULD LIKE TO SUPPORT THE DEVTOME PROJECT AND KEEP THE SITE UP/ALIVE PLEASE DONATE (EVEN IF ITS A SATOSHI) TO OUR DEVCOIN 1M4PCuMXvpWX6LHPkBEf3LJ2z1boZv4EQa OR OUR BTC WALLET 16eqEcqfw4zHUh2znvMcmRzGVwCn7CJLxR TO ALLOW US TO AFFORD THE HOSTING.

THE DEVCOIN AND DEVTOME PROJECTS ARE BOTH VERY IMPORTANT TO THE COMMUNITY. PLEASE CONTRIBUTE TO ITS FURTHER SUCCESS FOR ANOTHER 5 OR MORE YEARS!

Devcoin Fund -Volume

This article links to Devcoin_Fund

Initial Analysis

The figures below form the basis of a control sheet by maintaining a consistent exchange rate of DVC/USD 0.0006772. This figure at present represents an approximate median price over the rounds included.

This will change over time as more data becomes available.

An initial analysis based on these figures would suggest a base fund of around $100,000 would easily ensure the Devcoin Fund holds enough cash reserves to meet current demand each round - should the majority of DVC shareholders decide to sell in a given round.

This could be more clearly determined by the analysis of volume trading on the various exchanges but at present there is limited data available.

What is available indicates that the highest volume per round so far has been 300,000,000 DVC 1) equivalent to approximately $197,216 USD. Over a 3 day period in December.

While the proposed Devcoin Fund pool would only be able to meet half this demand, pressure on the public market could at least be mitigated.

DVC to meet purchase demands will come from the exchange with members.

Total Shares USD

Round 302)

  • Total number of shares paid out in round 30: 819
  • Devcoins per share in round 30: 220588
  • Total USD value of shares paid out in round 30: $118,824

Round 313)

  • Total number of shares paid out in round 31: 1243
  • Devcoins per share in round 31: 144810
  • Total USD value of shares paid out in round 31: $118,830 USD

Devtome Shares USD

Total writer shares by round

Round 304)

  • Number of shares paid out to Devtome in round 30: 554
  • Devcoins per share in round 30: 220588
  • Total USD value paid to Devtome in round 30: $80,000

Round 315)

  • Number of shares paid out to Devtome in round 31: 512
  • Devcoins per share in round 31: 144810
  • Total USD value paid to Devtome in round 31: $52,377

Bounty Shares USD

Includes Business Bounties

Round 306)

  • Number of bounty shares in round 30: 109
  • Total USD value paid to bounties in round 30: $15,814

Round 317)

  • Number of bounty shares in round 31: 498
  • Total USD value paid to bounties in round 31: $47,431

Share Lists USD

Includes Devcoin share list and Bitcoin share list

Round 308)

  • Number of shares paid out to Share lists in round 30: 20
  • Devcoins per share in round 30: 220588
  • Total USD value paid to share lists in round 30: $2,901

Round 319)

  • Number of shares paid out to Share lists in round 31: 21
  • Devcoins per share in round 31: 144810
  • Total USD value paid to Share lists in round 31: $2,000

New Writer Shares USD

Round 3010)

  • Number of new writers in round 30: 10
  • Number of shares paid out to new writers in round 30: 94
  • Devcoins per share in round 30: 220588
  • Total USD value paid to new writers in round 30: $13,638

Round 3111)

  • Number of new writers in round 31: 10
  • Number of shares paid out to new writers in round 31: 162
  • Devcoins per share in round 31: 144810
  • Total USD value paid to new writers in round 31: $15, 598

Other USD

The balance of total shares are paid to Marketing, Ratings and Administration costs to manage the ongoing functions of Devtome.

Round 30

  • Total other shares in round 30:136
  • Total USD value paid to Other in round 30: $19,730

Round 31

  • Total other shares in round 31: 212
  • Total USD value paid to Other in round 31:20,191

Business | Investing | Devcoin


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QR Code devcoin_fund_volume (generated for current page)
 

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